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Greece says it may extend fiscal contingency mechanism to 2019


ATHENS Greece may extend a contingency mechanism by a year until 2019 to ensure it meets fiscal targets and end a stalemate in talks with its euro zone lenders and the IMF over a bailout review, Prime Minister Alexis Tsipras said on Friday.


Germany says IMF plans to stay involved in Greece bailout talks 20 Jan 2017

BERLIN The International Monetary Fund's chief has reassured German Finance Minister Wolfgang Schaeuble that the IMF plans to remain constructively engaged in talks about further aid for Greece, a spokesman for Schaeuble said on Friday.


Germany denies devising Greek rescue plan without IMF 18 Jan 2017

BERLIN Germany expects the International Monetary Fund to participate in Greece's bailout programme, a finance ministry spokeswoman said on Wednesday, rejecting a newspaper report that Berlin was preparing for a deal without the global lender.


Refugees brave snow, sub-zero temperatures in Greek camps 10 Jan 2017

RITSONA, Greece Refugees stranded in Greece suffered sub-zero temperatures and heavy snowfall on Tuesday at camps not designed for winter weather and the government promised those on one island temporary warm accommodations aboard a navy ship.


Contraction of Greek factory activity eases in December, but jobs cut - PMI 02 Jan 2017

ATHENS, Jan 2 A downturn in Greek manufacturing slowed in December as declines in output and new orders eased, but companies cut jobs for the first time in seven months as backlogs of work shrank, a survey showed on Monday.


Greek finance minister - extending fiscal contingency steps may break EU/IMF stalemate 31 Dec 2016

ATHENS Greece is open to extending a contingency mechanism to ensure it will meet fiscal targets beyond 2018 to break a stalemate in talks with its euro zone lenders and the IMF over its second bailout review, its finance minister said on Saturday.


Brazil says Greek ambassador murdered by wife's policeman lover 31 Dec 2016

RIO DE JANEIRO A Rio de Janeiro policeman confessed to murdering Greece's ambassador to Brazil in what investigators on Friday called a "cowardly act" carried out at the direction of the diplomat's Brazilian wife with whom the officer was romantically involved. | Video

Greece's National Bank agrees sale of Bulgarian units to KBC Group 30 Dec 2016

ATHENS/SOFIA National Bank of Greece agreed to sell a 99.1 percent stake in its Bulgarian unit United Bulgarian Bank (UBB) and its fully-owned leasing subsidiary Interlease EAD to Belgian bank KBC Group , National Bank said on Friday.


EU voters upset but say no inclination to follow Brexit - poll 29 Dec 2016

LONDON European Union voters in France, Germany, Italy and Greece think their countries are heading in the wrong direction but there is not yet any Europe-wide inclination to follow Britain towards exiting the bloc, according to a poll published on Thursday.


Eurogroup's Dijsselbloem says Greek debt relief talks can resume 24 Dec 2016

AMSTERDAM Eurogroup chief Jeroen Dijsselbloem said on Saturday talks about initial Greek debt relief measures would be resumed after being frozen mid-month over Greece's decision to pay pensioners a Christmas bonus.